IMO 2020: Global sulphur cap will be reduced from 3.5% to 0.5%
The IMO (International Maritime Organization) has decided at a meeting in London on end of October 2016 to implement a global sulphur limit of 0.5% as from 1st January 2020.
The new regulation affects all fuel grades.
Shipowners have to decide whether they install scrubbers on board of their vessels in order to continue to burn HSFO (High Sulphur Fuel Oil) sulphur <3.5% or to switch to VLSFO (Very Low Sulphur Fuel Oil) sulphur <0.5% or using distillate bunkers like LSMGO (Low Sulphur Marine Gasoil) sulphur <0.1%.
VLSFO will be available at all main bunker hubs and bigger ports like ARA, Caribbean (Jamaica), China & Hong Kong, Fujairah, Gibraltar/Ageciras/Ceuta, Houston, Istanbul, Malta, NWE (Northwest Europe), Panama (Balboa & Cristobal), Piraeus, Scandinavia, Singapore and South Africa (Cape Town, Durban & Richards Bay).
Please do not hesitate to contact us if you have any questions about the new IMO 2020 regulations!